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Table of Contents
FIVE-YEAR SELECTED CONSOLIDATED FINANCIAL DATA
(amounts in millions, except per share amounts, and shares in thousands)
____________________________
41
ITEM 6.
SELECTED FINANCIAL DATA
For the Year Ended December 31,
2013
2012
2011
2010
2009
Summary of Operations:
Revenues:
License
$
2,270
$
2,087
$
1,841
$
1,401
$
1,029
Services
2,937
2,518
1,926
1,456
994
Total revenues
$
5,207
$
4,605
$
3,767
$
2,857
$
2,023
Operating income
1,093
872
735
428
219
Net income
1,014
746
724
357
197
Net income per weighted average share, basic,
for Class A and Class B
$
2.36
$
1.75
$
1.72
$
0.87
$
0.50
Net income per weighted average share,
diluted, for Class A and Class B
$
2.34
$
1.72
$
1.68
$
0.84
$
0.49
Weighted average shares, basic, for Class A
and Class B
429,093
426,658
421,188
409,805
394,269
Weighted average shares, diluted, for Class A
and Class B
433,415
433,974
431,750
423,446
399,776
December 31,
2013
2012
2011
2010
2009
Balance Sheet Data:
Cash, cash equivalents and short-term investments
(1)
$
6,175
$
4,631
$
4,512
$
3,324
$
2,514
Working capital
(1)
4,388
3,160
3,276
2,509
1,888
Total assets
12,327
10,596
8,681
6,797
5,067
Total unearned revenues
4,092
3,461
2,708
1,860
1,325
Long-term obligations
(2)
450
450
450
450
450
Stockholders’ equity
6,816
5,740
4,770
3,808
2,743
Cash Flow Data:
Net cash provided by operating activities
$
2,535
$
1,897
$
2,026
$
1,174
$
986
(1) In 2012, VMware acquired all of the outstanding capital stock of Nicira, Inc. (“Nicira”) for $1,100 million, net of cash acquired, consisting of $1,083
million in cash and $17 million for the fair value of assumed equity attributed to pre-combination services. See Note B to the consolidated financial
statements in Part II, Item 8 of this Annual Report on Form 10-K for further information.
(2) On January 21, 2014 , in connection with our agreement to acquire A.W.S. Holding, LLC (“AirWatch Holding”), the sole member and equity holder of
AirWatch LLC (“AirWatch”), we and EMC entered into a note exchange agreement providing for the issuance of three
promissory notes in the aggregate
principal amount of $1,500 . See Note R to the consolidated financial statements in Part II, Item 8 of this Annual Report on Form 10-K for further
information.